[Porsche-O-Phile]

I'm sorry, but I'm standing by "idiots". Unless there's BLATANT fraud or misrepresentation involved (which probably isn't the case in 99% of the situations out there), I find few legitimate excuses.

I agree the amount of information is overwhelming, but there is no excuse for reading the text of your documents and disclosures - every word. If you don't understand something, research it. Or ask. Or hire an attorney. The "I didn't know what I was signing" thing is simply B.S. and it holds no water with me.

What's the excuse for not reading the disclosures? Too busy? Turn off the American Idol for a few nights and spend it researching the biggest financial decision of your life. Make the time. Idiots. Didn't understand the legal mumbo-jumbo? Hire a lawyer, his fee is far less than the value of the purchase/risk you're assuming. Idiots. Thought you could re-fi your way out of the ARM before it blew up? That's called "risk". You assumed it and played the game. Deal with the loss. Idiots. Gambled on endless appreciation without researching historical performance? Idiots. Bought into the "this time's different" hype. Idiots.

Life is (and should be) hard on stupid people. Maybe if a bunch of 'em start learning via the University of Hard Knocks, they'll wake up and start valuing (and instilling those values on their kids) education, research, independence, accountability and thinking before acting.

Or I could just be an idealistic dreamer to think that would ever happen in a society gone S.O.S. (Stuck On Stupid). Most likely.